VN-Index is “sunshine in the morning, rainy in the afternoon”

The stock market rose sharply at the opening of the morning session, even VN-Index increased more than 30 points after only a few minutes of trading. After that, the gaining momentum shrank, but the VN-Index remained in green until the end of the morning session. However, in the afternoon session, the market was negative and VN-Index reversed and dropped deeply.

Particularly, the VN30 basket reversed strongly to decrease 8.68 points (-0.71%) with many codes dropping very deeply; including Masan’s MSN and Sacombank’s STB were suddenly sold to the floor.

Some share Other pillars also had a very negative impact on the index such as Vinhomes’s VHM fell 3.2% to 65,800 dong, PV Gas’ GAS plunged 5% to 95,000 dong, Becamex’s BCM fell to the floor at 68,200 dong, TCB fell 3, 6% or VIC down 1.3%.

The duo of shares DXG of Dat Xanh Group and DXS of Dat Xanh Services attracted attention when they continued to be sold off in large volume, investors holding this real estate stock are suffering heavy losses. DXG alone fell to the floor price for the third consecutive session to 25,000 dong, losing 46% since the beginning of April until now. Similar DXS was sold at the floor for 3 sessions to 19,850 dong.

Seafood stocks were sold out very drastically when most stocks had a surplus of hundreds of thousands of shares at the floor. Notably, such as VHC, ANV, IDI, ACL of pangasius group and FMC and CMX of shrimp exporting companies all fell to the floor.

The technology retail group was also not out of the loop when DGW, PET and FRT stocks all fell, while Mobile World’s MWG lost another 1.7% in value. Commodity stocks such as steel (HSG, NKG), fertilizer (DPM, DCM), chemicals (CSV) also dropped to the floor…

On the positive side, oil and gas stocks gained strongly. There were no stocks in this group on the downside, while PVC and PVS hit the floor. Stocks PVT increased by 6.3%, POS up 5.4%, PVB up 5.3%, PVD up 4.8%, PLX up 4.7%, BSR up 2.1%, OIL up 1.6% .

Green color also flooded the group of securities. The codes ART, APS, CSI, HCM increased to their full range. Other big codes like SHS up 8.5%, SSI up 5.8%, VND up 3.2%, MBS up 2.5%, VDS up 2.1%…

Closing the session on May 16, VN-Index dropped 10.82 points to 1,171.95 points. Trading volume reached more than 584.3 million units, equivalent to nearly 14,578 billion VND. The whole floor had 232 stocks of increasing price, 224 stocks of decreasing and 45 stocks of standing still.

HNX-Index increased by 4.66 points to 1,307.05 points. Trading volume reached 76.8 million units, equivalent to more than 1,531.6 billion dong. The whole floor had 149 stocks of increasing price, 72 stocks of decreasing, 44 stocks of standing still.

UPCOM-Index decreased 0.41 points to 93.2 points. Trading volume reached more than 32.8 million units, equivalent to more than 628 billion dong. The whole floor had 183 stocks of increasing price, 112 stocks of decreasing and 65 stocks of standing still.

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